Merchants are extraordinarily good at some things, and one of them is generating wealth. They understand the basics of what wealth really is, and what it is not, and they think that in order to create wealth today, they must become masters at developing small business ideas.
What is wealth really?
An important aspect of wealth creation is understanding wealth. Now most people think they know what wealth is, but if you ask them to explain it, they usually come up with answers like “money” or “wealth”. It is clear from such answers to the question of wealth that they do not understand it.
So, what is wealth?
Wealth is valuable. Dollars and cars and houses and oil reserves are proofs or tokens of this value, but they are not price. This difference is a key element in understanding wealth, and understanding the difference helps to see it correctly. There is an unlimited supply of wealth in the world. Literally And the reason is that more can always be born, and always is.
Many people think of wealth as a big pie from which all people or society or business can get a piece. Some big, some small. This picture is meaningful, but it is very wrong. If this were true, most people who were present would necessarily shrink the available slices (or the size of each piece). But if you look closely, you will see that this is not the case. Wealth is created, created, and spread by people, but there is still much to be done, more to be given, and more to be taken.
For example, consider a company that employs a group of people on a project for which $ 1000 has been allocated. When the project is completed, 1000 paid to the manager. It has nine subordinates. Each of these nine has done something to generate 1000 1,000 from the company they all worked for. If the manager pays everyone an equal share of the money, and adds himself to the salary, each will receive $ 100. Easy enough
But what if there were only four people working under the manager? If he distributes the money equally among himself and the four people, each will receive $ 200. In this scenario, the workers did the same thing but received money twice. This is an example of people sharing a pie, which in this case is $ 1000.
But we can’t stop there, because it’s important to understand that $ 1,000 was not the wealth created, but the wealth distributed to workers by the company. The company may allocate $ 2,000, or 000 4,000, or more for the project. And the manager could have nine or four or even twenty-four people. These are arbitrary decisions by the company and the manager but have no real effect on the cost of the project … these are just tokens of value.
How is wealth created?
The real wealth was born here The project itself: What was done, what was created, what was done. The real benefit that arises is the real amount of wealth. Maybe a new public park has been planned, or a new gate leach has been designed, or a new training manual has been written. The wealth project was completed. The company may have paid $ 1000 for it, but the actual cost of the project is unlimited.
A new park will potentially create fun and healthy exercise for thousands and thousands of people over the years. How can anyone put a dollar amount on it?
The new gate latch may be the best design ever and the launch of a whole new line of products that will create jobs for hundreds of people and improve employment for thousands more. How can anyone put a dollar amount on it?
A new batch of training can lead to better jobs or new businesses, generating millions of dollars in revenue, making society more prosperous and creating jobs and …
Wealth creation has innumerable effects, and there is no amount of dollars to appreciate it. Understand this and you will understand how to make money.
How can you make money?
Wealth creation is an inherent feature of innovation. If you look at the most notable reflections of wealth, you will see that they include advertising and implementing IDEAS. Yes, the idea of an idea is the most precious thing on planet earth. And this is where the average man or woman gets a chance to do something extraordinary, something powerful.
The unparalleled effect of Small business ideas.
Not everyone has the athletic skills, or the best neighborhood home, or rich parents. But we all have one thing for sure: our brains. And we have been given the gift of being able to control our minds, and use our minds for a good cause. No one can take this from us. Therefore, we have to take advantage of every opportunity to build, strengthen and use our brains at all times.